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Sales growth at Unilever fell to the lowest level in four years after an
“especially soft” third quarter in which the consumer goods giant was hit by
a sharp slowdown in emerging markets.

Only weeks after the Anglo-Dutch group issued its first profit warning in a
decade, it confirmed disappointing demand in developing markets, which
account for more than half of its sales.

The group’s underlying sales rose 3.2 per cent in the three months to
September 30, compared with a 5.9 per cent increase a year earlier. Growth
in emerging markets rose by 5.9 per cent, down sharply from